The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself
The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fal…

Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment
Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 mi…

Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares
Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

Quantinuum, the Honeywell-backed quantum computing company, has increased the size of its initial public offering to as much as $1.46 billion after demand from investors far exceeded the original allocation. The company is now offering 26.5 million sha…

Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation
Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not be…

Anthropic Confidentially Files for What Could Be the Largest IPO Ever

The AI giant behind Claude submitted paperwork on Monday that would take it public, just a couple of weeks after SpaceX’s splashy IPO announcement.

Potential Big Impact If Firms That Own Pharmacy Benefit Managers Must Break Up

While PBM reforms that passed earlier this year will spur further changes in the way business is conducted, it’s anti-trust legislation that could have the most impact.

A strike at one Michigan axle plant could choke production of GM’s most profitable vehicles
A strike at one Michigan axle plant could choke production of GM’s most profitable vehicles

Nearly 1,000 unionised workers at a Dauch Corp plant in Three Rivers, Michigan, walked off the job at midnight on Sunday after the United Auto Workers declared an unfair labour practice strike over stalled contract negotiations. The factory makes axles…

‘The Mandalorian And Grogu’ Rotten Tomatoes Audience Score Record Didn’t Matter

“The Mandalorian and Grogu” broke a record with its Rotten Tomatoes audience score, but that has not helped it avoid flopping at the box office.

The 5 Box Office Records ‘Backrooms’ Just Broke In One Weekend

Backrooms is a huge horror hit right alongside Obsession, and it has just broken a number of industry records.

Some Great News About Obsession’s Digital Streaming Release Date

When is Obsession’s digital streaming release date? There’s some good news on that front, but it may not be the kind you’re expecting